Unlocking Knowledge Reservoir's Potential in 2010

Visit Us at NAPE Expo – February 11-12

Knowledge Reservoir will be exhibiting at the NAPE Expo this week at the George R. Brown Convention Center, February 11-12. Drop by and visit us at booth 2717 in the Vendors/Service Providers area in Hall C. NAPE Web site Where to find us at NAPE

Knowledge Reservoir Announces 2010 Release of Its Deepwater Gulf of Mexico Knowledge Base – ReservoirKB™

In the next few days, Knowledge Reservoir will release the 2010 version of its successful Deepwater Gulf of Mexico knowledge base, ReservoirKB. ReservoirKB currently represents the most comprehensive knowledge base directed towards exploration and appraisal geoscientists and engineers in the Deepwater Gulf of Mexico region. It provides coverage of all deepwater productive sands discovered, constituting reservoirs currently either in production or sanctioned for development.

Additionally, the service provides continually updated reservoir performance metrics, analogs, lessons learned, and regional knowledge not available from any other single source. The knowledge base is a unique combination of reservoir engineering data, geological description, and production data analysis.

ReservoirKB is a subscription service on a hosted portal for oil and gas companies exploring and evaluating prospects in the deepwater Gulf of Mexico. Base production data for every field is uploaded on a quarterly basis. A new release is presently made annually; this most recent includes fresh data and information covering 2009, as well as completely updated analyses and new functionality features. As the definitive source for information on deepwater reservoirs in the Gulf of Mexico, ReservoirKB has seen phenomenal growth since its original development and now includes:

• over 290 fields,
• over 900 associated reservoirs,
• over 1200 wells (including appraisal and development), and
• current discussion on the critical challenges facing the industry, including a review of the Paleogene.

For more information on ReservoirKB or to arrange a demonstration or subscription, contact Dave Rees at 713 586-5950 or drees@knowledge-reservoir.com

Knowledge Reservoir Realigns/Strengthens Service Offerings

Knowledge Reservoir is realigning and strengthening its business structure and service offerings to enable the company to more aggressively pursue several key market initiatives.  The company announced that it is dividing its business lines into a series of consultingpractices, each led by an experienced practice director.

The Reservoir Management business is refocused into four practices:

• deepwater,
• improved recovery and field redevelopment,
• unconventional resources, and
• reserves and mergers/acquisitions.

Knowledge Reservoir has extensive reservoir modeling and reserves experience on individual field projects and basin-wide studies in deepwater, including the Gulf of Mexico, Brazil, and West Africa.  The company has a long list of clients representing a broad range of experience in offshore and onshore basins worldwide and has been involved in various stages and work scopes on many IOR and CO2 projects around the world.

Knowledge Reservoir also continues to grow its Surface Systems business along two practices:

• flow assurance and
• pipeline systems engineering.

The Knowledge Management business stream, in which the company is seeing considerable growth opportunities, will be developed in three areas:

• ReservoirKB deepwater knowledge base,
• knowledge base products, and
• Knowledge Management consulting, including data management solutions.

Commenting on the announcement, Dr. Ivor R. Ellul, President and CEO of Knowledge Reservoir, stated, “Knowledge Reservoir is excited about the new opportunities that we believe will be opening up for us in 2010 and beyond, and we have a clear objective to capitalize on these as they present themselves in each practice area around the world."

Upcoming Technical Papers

Knowledge Reservoir continues to participate in upstream industry technical conferences and events. The company will be making technical presentations at a number of events in 2010 including the following:

International Operations

Knowledge Reservoir continues to grow its presence in several major oil and gas producing regions.

Middle East
Knowledge Reservoir continues to support its clients in the Middle East with multiple new projects initiated in Oman and Abu Dhabi dealing with reservoir characterization and field development planning.

Knowledge Reservoir, LLC Established in Oman to Lead Middle East Oil and Gas Services
Knowledge Reservoir and Modern Petrotech L.L.C., an oil and gas services provider in the Sultanate of Oman, announced the formation of a new joint venture company, offering consulting and resourcing services in the upstream, midstream, and downstream areas of the oil and gas industry to its clients throughout the Middle East region. Continue Reading

Latin America
Knowledge Reservoir is presently working on several new projects in Brazil and Peru, with business development fronts in a number of areas.

In Peru, Mexico, Chile, and Colombia, we are conducting technical evaluations of small oil and gas fields with the purpose of assisting several clients to divest certain reservoir assets.

In Colombia, we are assembling a heavy oil team to assist an international operator to bring in heavy oil technology to lower extraction costs and to increase production.

In Peru, we are proceeding with the evaluation of several fields in the Maraňon Basin to increase recovery factor from the Vivian and Chonta formations. We continue with the evaluation of a WAG (nitrogen) project for another client in the Talara Basin.

In Chile, Knowledge Reservoir is in discussion with a client on how to increase exploratory well success rates in deep-seated turbidites that may require seismic inversion to be properly identified.

In Mexico, we are working with a number of operators to form a consortium to study and operate several mature oil and gas fields.

Knowledge Reservoir Enters Kazakhstan
Knowledge Reservoir has been invited to present workshops in Astana and Uralsk in Kazakhstan this month. The workshops will focus on presenting the company’s capabilities in exploration and production. This will include expertise in pre-salt depositional environments such as are found in the Precaspian, as well as the customary Jurassic and Cretaceous reservoir systems that are prevalent in offshore Mangyshlak and Ustyurt.

Technical Resources Available

Your Source for Seasoned Professionals Knowledge Reservoir is ready to assist in your preparation for increased exploration and development activity. We offer highly experienced professionals whose outstanding talents and expertise can resolve reservoir, development, and production issues. Our services are flexible so you can utilize these resources on a long- or short-term project basis, or, alternatively, we can address your staffing needs through direct-hire placements.

Below, you will find a sampling of some of our technical professionals complete with highlights of their skill sets and experience. These qualified individuals are currently available to help with your present or future projects and studies.

Petrophysicist – KRHOUEP
Experienced petrophysicist with Masters Degree and Doctorate in petroleum engineering. Over 20 years of worldwide oil and gas experience, with approximately 15 years focused in petrophysics. Has successfully completed petrophysical analysis studies of major fields located both onshore and offshore, including five offshore Deepwater Gulf of Mexico field developments, the offshore Mexico Burgos Basin, Canada, Argentina, Venezuela, Ecuador, the Middle East, and Nigeria. Proven skills in reservoir characterization, special core study, core-log data integration, and NMR core data application to calibrate logging tools. Proficient in many software applications including Geolog, Petroworks, Powerlog (Petcom), and Techlog.

Geologist - KRHOUWJ
A senior exploration and development geologist and Petrel geo-modeler with more than 35 years of exploration and production experience with a major oil company, several service companies, and as a consultant. Has explored and developed in deltaic and deepwater clastics, carbonates and in both extensional and compressional structural settings. Skilled in prospect generation and evaluation. Has worked for more than 25,000 hours at the wellsite. Well-versed in integrated reservoir and enhanced oil recovery studies, geo-modeling, and reserves calculations. Proficient in use of Petrel, Petra, and Petraseis and uses Geographix and Geoframe software.

Reservoir Engineer - KRHOUAK
Experienced cross-functional engineer with a strong reservoir engineering and economics background. Certified SPE Petroleum Engineer and a registered PE. Has successfully managed domestic and international projects. Has been responsible for in country P&L, JV’s, and foreign government negotiations. Very familiar with all the commercial economics evaluation packages, Aries, PEEP and PhdWin (and holds a personal license for PhdWin). Is also an instructor in reservoir engineering at Petroskills. Areas of expertise include: cross-functional project management, reservoir management, technical project management, budget and P&L responsibility, and mergers and acquisitions experience.

More Resources
Additional contract resources currently available include:

1. Geophysicists
2. Petrophysicists
3. Geologists
4. Reservoir Engineers
5. Production Engineers
6. Simulation Engineers
7. Geomodelers
8. Technicians

For more information, please contact Mindy Williams by phone at (713) 586-5950 or by e-mail at mwilliams@knowledge-reservoir.com.

Upcoming Events February 11 - 12    NAPE Winter Houston web link March 7 - 10 GEO 2010 Bahrain web link April 11 - 14 AAPG Annual New Orleans web link May 16 - 18 2010 Southwest Section AAPG  Dallas web link May 27 - 29 2010 Pacific Section AAPG  Dallas web link

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Knowledge Reservoir 1800 West Loop South, Suite 1000 Houston, TX 77027 – 713-586-5950 www.knowledge-reservoir.com